Ford Motor and India's Mahindra Group have announced they will work together in a fresh partnership as the US giant looks to boost its presence in one of the world's fastest growing auto markets. The two, who parted ways from a tie-up in 2005, will co-operate for three years on a number of areas including electric vehicles and sourcing. "Ford is committed to India," said Jim Farley, Ford executive vice president and president of Global Markets in a statement.

CHENNAI, India--(BUSINESSWIRE)-- Mahindra Group and Ford Motor Company today agreed to explore a strategic alliance, designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model. Teams from both companies will collaborate and work together for a period of up to three years.

DEARBORN, Mich.--(BUSINESSWIRE)-- Ford Motor Company today announced a new chairman and CEO of Ford China and head of Powertrain Engineering as it continues to strengthen its global leadership team. Jason ...